Richard Nichols is the South Atlantic Division Executive for Bank of America Private Bank. Richard leads the overall effort to serve the wealth management needs of high net worth individuals and families in the South Atlantic U.S. which includes District of Columbia, Maryland, North Carolina, South Carolina, Tennessee and Virginia.
Prior to his current role, Richard held the position of Market Executive for the Merrill Lynch Wealth Management Charlotte & Associates Market. In this role, he oversaw the serving of clients, while protecting the firm and driving the profitability and revenue growth of the business through the 200+ Financial Advisors in the Charlotte & Associates Market.
Previously, Richard also held the position of Middle Market Banking Market Executive for the Carolinas and the Franchise Restaurant Group. Additionally, he served as a Catalyst (CTM) for Phase II of New BAC. Richard is a 25+ year veteran of the financial services industry.
Richard is an Advisory Board member of Veteran’s Bridge Home (a group that successfully transitions veterans and their families to civilian life) and former Chairman of the Board for MeckEd (an independent supporter of public education in Mecklenburg County). Richard is also a current board member of Sharon Towers, a Continuing Care Retirement Community. He is a current member of the Executive Leadership Council. In 2020, he was selected to join the Board of Trustees for the Blumenthal Performing Arts. In addition to these outside affiliations, Richard is a member of Bank of America’s Global Diversity and Inclusion Council.
He is a graduate of Florida Agricultural & Mechanical University. He is also the husband of Sonja Nichols and father of Richard, III, James and Kayla.